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ADN Crosses Below Key Moving Average Level

Written by: CanadaStockChannel.com05/15/13 - 4:34 PM EDT

In trading on Wednesday, shares of Acadian Timber Corp. (ADN.TO"> ADN.TO) crossed below their 200 day moving average of $13.70, changing hands as low as $13.65 per share. Acadian Timber Corp. shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of ADN shares, versus its 200 day moving average: